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more tax breaks for the rich. and then they want to make massive cuts in social security medicare medicaid and virtually every other family needs. that's the plan. third point they would make sever poll that i have seen suggests that that is exactly what the american people don't want. the american people have been very clear. when the top 1% owns 42% of the wealth in america, you know what, you have got to start asking those guys to start paying their fair share of taxes. when the middle class is disappearing, you can't cut social security -- and by the way, the so-called chain cpi, one way to cut social security would not only hit the elderly and disabled it would also hit disabled veterans. you don't make massive cuts in medicaid or medicare so i think this issue is very very clear. which side are we on? are we going to protect the wealthiest people in this country, the largest corporations eliot, one fourth of profitable corporations pay nothing in taxes. we are losing about $100 billion a year because the wea
more tax breaks for the rich. and then they want to make massive cuts in social security medicare medicaid and virtually every other family needs. that's the plan. third point they would make sever poll that i have seen suggests that that is exactly what the american people don't want. the american people have been very clear. when the top 1% owns 42% of the wealth in america, you know what, you have got to start asking those guys to start paying their fair share of taxes. when the middle class...
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and the bottom 20% earned only 3.4% of the taxes and paid 2.1% of the taxes. in the end it all evens out. people pay the same percentage of the taxes as they earned of the income. sound pretty darn fair to me, david. no redistribution there. just carrying one's fair share. yet david said he's so frustrated his motivation to work may be destroyed all together because of the current system. he blamed it all on a system that penalizes the productive and gives to the unproductive. but again he is wrong. government has to take from all for the good of all. including for the good of mr. siegel. just one example. westgate's property at the smoky mountain resort and spa in gatlinberg tennessee people go there and pay there siegel a whole lot of money to appreciate the beauty of the great smoky mountains. the first national park in which the federal government spent its own money to wyland. no national park, no resort that people would pay for. you wouldn't want to build a resort there without reliable public and fire system or the road to get there or the system to gi
and the bottom 20% earned only 3.4% of the taxes and paid 2.1% of the taxes. in the end it all evens out. people pay the same percentage of the taxes as they earned of the income. sound pretty darn fair to me, david. no redistribution there. just carrying one's fair share. yet david said he's so frustrated his motivation to work may be destroyed all together because of the current system. he blamed it all on a system that penalizes the productive and gives to the unproductive. but again he is...
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there are a number of important tax loopholes if you want to call them that, or tax incentives that will have to be ended. this is not something they're prepared to talk about. politically you have to understand that. they have 27 days left. it's not in anybody's best interest to say we're going to hawk at the most important entitlement that they've had for generations. they're trying to do something that is politically understandable and the democrats will try to hold them to account and fill in those gap where is they have refused to be specific about it. >> michael: thomas, what errol is saying is really true. i can't imagine a homeowner who wants to see that mortgage interest write-off gone. when it's clear that the republicans cannot do this cut without that you heard ryan last night. how do they get away with that? >> i think in the same way they're getting away with all sorts of things. if you look at the paul ryan budget, and i understand that's not what mitt romney is proposing this year, but if you go back and look at--he did put paul ryan on the ticket. he did it for a reason.
there are a number of important tax loopholes if you want to call them that, or tax incentives that will have to be ended. this is not something they're prepared to talk about. politically you have to understand that. they have 27 days left. it's not in anybody's best interest to say we're going to hawk at the most important entitlement that they've had for generations. they're trying to do something that is politically understandable and the democrats will try to hold them to account and fill...
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! >>> not a single thing he said is accurate. first of all -- >> be specific. >> i will be very specific. this lecture on embassy security. the congressman here cut embassy security in his budget by $300 million below what we asked for number 1. >> jennifer: congressman ryan could not have been to happy about challenging him on that. congressman ryan voted to authorize $300 million less for embassy security than requested by the obama administration. that's just one of the many misleading statements about foreign policy that emerged from congressman ryan last night. here to help up dissect the truth, former secretary of defense, lawrence corb. so great to have you back. >> nice to be with you. >> ms. cutter criticized governor romney because
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! >>> not a single thing he said is accurate. first of all -- >> be specific. >> i will be very specific. this lecture on embassy security. the congressman here cut embassy...
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he is an interesting position on tax and oh by the way he is lying his ass off. we have factored that in now. >> stephanie: yesterday's speech on foreign policy won't that have some effect over time as well? >> well -- i think -- i think that's -- if you want to look for a silver lining in both of the polls, it is that they are a snapshot taken right in the heart of what should have been a bounce. so we'll see what happens in the middle of next week. i was resistant to the notion, but i'm over it to now that that debate performance was a serious, serious blunder. >> stephanie: you write this week it has been pointed out that romney has become quite a remarkable liar. he lies by commission of course. and lies by admission namely in his resolution determination not to be specific about what deductions he is planning to end. >> they are particularly good at office [ inaudible ] mathematics. i'm particularly good at english. [ laughter ] >> stephanie: exactly. >> and that's hard by the way. it's very hard to throw poo efficiently. but he threw it -- we get to talk li
he is an interesting position on tax and oh by the way he is lying his ass off. we have factored that in now. >> stephanie: yesterday's speech on foreign policy won't that have some effect over time as well? >> well -- i think -- i think that's -- if you want to look for a silver lining in both of the polls, it is that they are a snapshot taken right in the heart of what should have been a bounce. so we'll see what happens in the middle of next week. i was resistant to the notion,...
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you could hear it on taxes. he didn't have an answer. >> jennifer: exactly right. i loved the moment -- it was not good for america -- >> yeah, he was caught like a deer in the headlights. >> jennifer: and him saying that all of these studies -- i'm going to talk about that a little bit later but that all of these studies show it's not doable. >> as bill clinton would say it's junk arithmetic. >> jennifer: it is. let's talk about -- of course martha raddatz raises the issue about choice and their catholic faith. were you surprised it took until the end of the -- >> yeah, because we're now into the second debate vice presidential, and where are women's voices. this is a race about battling for the hearts and votes of women. and i wanted to hear a question about women's health because it is an economic security issue, or how does voucherizing medicare blocking social security, impact women. >> jennifer: a lot of women were watching last night because of all of the ball games that were on last night. >> that's right. but i want to hear more about women and their condi
you could hear it on taxes. he didn't have an answer. >> jennifer: exactly right. i loved the moment -- it was not good for america -- >> yeah, he was caught like a deer in the headlights. >> jennifer: and him saying that all of these studies -- i'm going to talk about that a little bit later but that all of these studies show it's not doable. >> as bill clinton would say it's junk arithmetic. >> jennifer: it is. let's talk about -- of course martha raddatz raises...
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you have abortion, insurance coverage, preexisting coverage tax cuts. you have got any number of issues. let them explain it. >> jennifer: all right. guys i'm so sorry, this is way too short. but i really appreciate you coming in. remember, by the way you can watch the debate tomorrow on current tv, our coverage begins at 8:00 eastern, 5:00 pacific bile in new york with eliot spitzer, john fugelsang, cenk uygur, and we of course are going to be enjoying it all. and we'll have our innovative twitter coverage on your screen. after the break there is one guy that loves mitt romney's flip flops more than most and that's the guy that sells them to it. i'll tell you about mitt romney's latest duel to the truth. [ female announcer ] pillsbury crescents fabulous but...when i add chicken barbecue sauce... and cheese...and roll it up woo-wee! i've made a barbecue chicken crescent chow down. pillsbury crescents. let the making begin. [ female announcer ] why settle for plain bread? here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes th
you have abortion, insurance coverage, preexisting coverage tax cuts. you have got any number of issues. let them explain it. >> jennifer: all right. guys i'm so sorry, this is way too short. but i really appreciate you coming in. remember, by the way you can watch the debate tomorrow on current tv, our coverage begins at 8:00 eastern, 5:00 pacific bile in new york with eliot spitzer, john fugelsang, cenk uygur, and we of course are going to be enjoying it all. and we'll have our...
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tax the rich, tax the rich. look you're allowed to be rich. of course you want to build the largest house. somebody has got to have the largest house. that is not the issue. the issue is this guy then turns around and says this. if any new taxes are levied on me or my company as our current president plans i will have no choice but to reduce the size of this company. that is an obvious threat to his employees you better vote for romney or i'm going to fire you. it appears do you have another choice. perhaps you could reduce the size of your house. but oh no, no, no, you better not tax me another cent otherwise i'll fire all my workers. which would be a great brilliant business strategy. how would you run a company without workers. then your lazy ass would have to get up off the throne and do some work. in florida in 2000 he did this trick which he admits might have been illegal where he asked all of his workers, 8,000 workers in florida, hey, are you for the republicans or democrats. if they said democrats, then they do anything with them. if
tax the rich, tax the rich. look you're allowed to be rich. of course you want to build the largest house. somebody has got to have the largest house. that is not the issue. the issue is this guy then turns around and says this. if any new taxes are levied on me or my company as our current president plans i will have no choice but to reduce the size of this company. that is an obvious threat to his employees you better vote for romney or i'm going to fire you. it appears do you have another...
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you have abortion, insurance coverage, preexisting coverage tax cuts. you have got any number of issues. let them explain it. >> jennifer: all right. guys i'm so sorry, this is way too short. but i really appreciate you coming in. remember, by the way you can watch the debate tomorrow on current tv, our coverage begins at 8:00 eastern, 5:00 pacific bile in new york with eliot spitzer, john fugelsang, cenk uygur, and we of course are going to be enjoying it all. and we'll have our innovative twitter coverage on your screen. after the break there is one guy that loves mitt romney's flip flops more than most and that's the guy that sells them to it. i'll you. we know you. we know you have to rise early... and work late, with not enough sleep in between. how you sometimes need to get over to that exit, like, right now. and how things aren't... just about you anymore. introducing the all-new, smart-sensing... honda accord. it starts with you. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is that? so weird, right? my
you have abortion, insurance coverage, preexisting coverage tax cuts. you have got any number of issues. let them explain it. >> jennifer: all right. guys i'm so sorry, this is way too short. but i really appreciate you coming in. remember, by the way you can watch the debate tomorrow on current tv, our coverage begins at 8:00 eastern, 5:00 pacific bile in new york with eliot spitzer, john fugelsang, cenk uygur, and we of course are going to be enjoying it all. and we'll have our...
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this tax would tax about 53% of small business income. it is expected to cost us 710,000 jobs and it wasn't even pay for 10% of the proposed deficit spending increases. we're saying lower tax rates across the board and close loopholes primary to the higher-income people. don't raise the deficit, raise taxes on the middle class, and bare the share of the income on the high-income earnings. even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 90%. you have refused again to offer specifics for how you pay for that 20% across the board tax cut. do you have the specifics or are you still working on it and that's why you won't tell voters? >> ryan: we want to have big bipartisan agreements -- >> do you have the specifics? do you know what you are doing? >> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in
this tax would tax about 53% of small business income. it is expected to cost us 710,000 jobs and it wasn't even pay for 10% of the proposed deficit spending increases. we're saying lower tax rates across the board and close loopholes primary to the higher-income people. don't raise the deficit, raise taxes on the middle class, and bare the share of the income on the high-income earnings. even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this...
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this tax would tax about 53% of small business income. it is expected to cost us 710,000 jobs and it wasn't even pay for 10% of the proposed deficit spending increases. we're saying lower tax rates across the board and close loopholes primary to the higher-income people. don't raise the deficit, raise taxes on the middle class, and bare the share of the income on the high-income earnings. even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 90%. you have refused again to offer specifics for how you pay for that 20% across the board tax cut. do you have the specifics or are you still working on it and that's why you won't tell voters? >> ryan: we want to have big bipartisan agreements -- >> do you have the specifics? do you know what you are doing? >> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in
this tax would tax about 53% of small business income. it is expected to cost us 710,000 jobs and it wasn't even pay for 10% of the proposed deficit spending increases. we're saying lower tax rates across the board and close loopholes primary to the higher-income people. don't raise the deficit, raise taxes on the middle class, and bare the share of the income on the high-income earnings. even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this...
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>>tax cuts don't create jobs. the golden years as the the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! ♪ >> jennifer: in our mitt moment today we go back to where we started, sesame street, and is the ads and means and jokes weren't enough, there is just something disturbing about the campaign for the most powerful person in the world coming down to pictures like this. four weeks left, everyone. it's going to get weird. all right. there's no use denying a huge influence on previously undecided voters, but according to brett ehrlich there is value in forcefully notifying these voters that they are making a huge mistake. shhhh, brett's talking now >> for all of you people who haven't been paying at attention to the presidential election, and have made up your mind based on but debate performance, you can't do that. i'm sorry. you just can't do that. this isn't some basket
>>tax cuts don't create jobs. the golden years as the the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! ♪ >> jennifer: in our mitt moment today we go back to where we started, sesame street, and is the ads and means and jokes weren't enough, there is just something disturbing about the campaign for the most powerful person...
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you do have a $5 trillion tax cut in your plans. you're not going to cover people's pre-existing conditions in your healthcare plan. you need to say it then and not rely on fax checkers the next day. >> eliot: you can't wait for the story the next day. ryan zerlina is right. you cannot depend upon that. how does the president need to do that,e vince this power and passion and sense of purpose that so clearly was missing. >> i think people want to see that he wants the job. that he wants to fight for them. if you look at it this way if somebody is looking at somebody who won't even stand up for themselves, then what are the chances they're thinking that this person is going to stand up for me? when you're watching obama in this debate you can finally see why it is that he was getting rolled day in and day out by the republicans on capitol hill. you can say hey man that is a guy i would like to be negotiating with. >> eliot: i'm going to interrupt for a reason. you said something critically important. and zerlina i want you to respond
you do have a $5 trillion tax cut in your plans. you're not going to cover people's pre-existing conditions in your healthcare plan. you need to say it then and not rely on fax checkers the next day. >> eliot: you can't wait for the story the next day. ryan zerlina is right. you cannot depend upon that. how does the president need to do that,e vince this power and passion and sense of purpose that so clearly was missing. >> i think people want to see that he wants the job. that he...
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they pay more effective tax than governor romney pays in their income taxes. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here. and instead of signing pledges to grover nor quest not to ask the wealthiest among us to contribute to bring back the middle class, they would be signing a pledge saying to the middle class, we're going to level the playing field. >> stephanie: yay. yay. drret go ahead. >> caller: i wanted to thank you for keeping me sane that's first. >> stephanie: oh, thank you. >> caller: and i wanted to make three quick comments if i could. if all republicans had to talk about were biden's teeth we're in good shape. >> that's right. >> caller: but i am ronny that romney is up by seven in florida. >> stephanie: i have seen two different polls that one i'm not seeing. >> caller: oh, okay. i saw that on the internet. >> stephanie: let me dig through. nbc found them tied. >> caller: all right. and i loved jim ward's impersonation of groucho. >> thank you. >> caller: and finally i want to thank joh
they pay more effective tax than governor romney pays in their income taxes. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here. and instead of signing pledges to grover nor quest not to ask the wealthiest among us to contribute to bring back the middle class, they would be signing a pledge saying to the middle class, we're going to level the playing field. >> stephanie: yay. yay. drret go ahead. >> caller: i wanted to thank you...
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if it's billed as tax reform. so that's a way to tell it to the house republicans -- >> bill: but that doesn't answer my question. don't you somewhere to get rid of the bush tax cuts in order to come up with a solution? >> if you got rid of the bush tax cuts that would be a huge chunk of money. the problem i think president obama and the democrats are facing is those are tax cuts for people across the whole income-- i don't think it will solve any deficit problem over any long return. that's 2% of the taxpayers that we're talking about. and one of the things we'll have to deal with over the next decade is that to really get some of these entightments under control -- >> bill: all right. we're going to take a break, because i want to challenge that. >> okay. >> bill: it's a hell of a lot more money than big bird is. nancy cook is in the studio with us. we're just getting started here. 866-55-press is our toll free number. join the conversation. >> announcer: this is the >> bill: >> bill: show, live on your radio an
if it's billed as tax reform. so that's a way to tell it to the house republicans -- >> bill: but that doesn't answer my question. don't you somewhere to get rid of the bush tax cuts in order to come up with a solution? >> if you got rid of the bush tax cuts that would be a huge chunk of money. the problem i think president obama and the democrats are facing is those are tax cuts for people across the whole income-- i don't think it will solve any deficit problem over any long...
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. >> biden says we want to let the tax cut expire. see you are supposed to be satisfied that the increased tax payments from the rich go to government. that's supposed to make you happy. when i hear stuff like that it's like how can anybody has an iq over that of a pencil eraser. >> stephanie: wow. i think the vast majority of the american people think we shouldn't have tax cuts for the rich, right? >> yeah and limbaugh's complete inability to understand how joe biden might be reelected again, or barack obama, we see this over and over again, just cannot understand incomprehensible, because they have been listening to the rhetoric for the last couple of years. and here they are, three or four weeks away. so they can't figure it out, and that goes back to the jobs conspiracy, polling conspiracy digging up videos from five years ago. these are all dilutional break-downkind of ways. they are trying to understand what is happening. because they don't understand what is happening. they don't engage in american politics anymore, because the
. >> biden says we want to let the tax cut expire. see you are supposed to be satisfied that the increased tax payments from the rich go to government. that's supposed to make you happy. when i hear stuff like that it's like how can anybody has an iq over that of a pencil eraser. >> stephanie: wow. i think the vast majority of the american people think we shouldn't have tax cuts for the rich, right? >> yeah and limbaugh's complete inability to understand how joe biden might be...
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tax cuts that will give $500 billion in tax cuts to 120,000 families. and they are saying we won't continue the middle class tax cut unless you keep the tax cuts to the well think. >> bill: he nailed it. nailed it. it is romney and ryan who are on the side of the wealthiest people in america. and biden didn't hesitate again to call ryan out. he tried so many lies -- remember he said last night, his plan on medicare was bipartisan because ron widen the senator from washington was aco sponsor of it. and biden jointed out no you changed it and widen no longer supports it. here is joe biden calling ryan out -- i think this is on the defense cuts. >> we should not be imposing these devastating defense cuts because what that done when we equivocate on our values -- >> bill: get in there. >> they are much more willing to test us. >> with all due respect that's a bunch of mularkey because everything he said was not true. >> bill: paul ryan came across as inexperienced and very very nervous. did you notice how many times he kept sipping water, like get me out of
tax cuts that will give $500 billion in tax cuts to 120,000 families. and they are saying we won't continue the middle class tax cut unless you keep the tax cuts to the well think. >> bill: he nailed it. nailed it. it is romney and ryan who are on the side of the wealthiest people in america. and biden didn't hesitate again to call ryan out. he tried so many lies -- remember he said last night, his plan on medicare was bipartisan because ron widen the senator from washington was aco...
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! [ ♪ theme ♪ ] ♪ >> announcer: this is the "bill press show," live on your radio and current tv. >> bill: all right. 25 minutes after the hour. we're going to talk jobs, jobs jobs, the latest job numbers in the next segment here. the "full court press." right now a couple of political notes to bring you up to date with, yes, indeed. president hugo chavez winning a third time yesterday. another six-year term. everything i saw in anticipation of this election in venezuela, said that chavez was going to lose. the challenger was very strong. there were huge crowds turning out to vote yesterday, nbc us in had jorge ramos who was basically saying it is all over for chavez, but he pulled out another win. there is also continuing talk about a
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! [ ♪ theme ♪ ] ♪ >> announcer: this is the "bill press show," live on your radio and current tv. >> bill: all right. 25 minutes after the hour. we're going to talk jobs,...
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and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named grover in order kwis. >> ezra, i have to say for me one of my favorite moments in the debate was with him pointing out the effective rate romney pays compared to what other people in the real world pay. i'm not sure how many people jumped on that a as their favorite moment but. >> you and me, lawrence. >> but biden is finding more effective ways of isolating that romney tax return 14% number. >> it wasn't just that. biden i thought actually figured out what obama didn't figure out a week before which is how to deal with the ryan/romney ticket on taxes, medicare and social
and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named...
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. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to try to figure o that out while voters digest the second of four debates. danville, kentucky, i'm steve handles men, nbc news, lynn, back to you. >>> steve, thanks so much. nbc's andrea mitchell led our truth squad in danville last night with a fact check of the debate. she started with the deadly september 11th attack on the u.s. consulate in benghazi and paul ryan accusing the obama administration not correctly protecting the personnel. >> what we should not be doing is rejecting claims for calls for more security in our barracks, in our marine. we need marines in benghazi when the commander on the ground says we need more forces for security. t
. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to try to figure o that out while voters...
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you might want to look at the bush tax cuts. they expire in the end of the year and at the same time hundred worth of spending cuts come n part of the sequestitration cuts that you heard about. i want to put that in perspective. they are slowing into growth spend all is said and done, you will have much more going to government than you do today than in dollar terms. all that hits the fan at the same time you have tax hikes and capitol gains and etscet raand all hitting the fan at the same time. that is a big story. you know and not worried about it or you don't know and the main stream media left you in the dust. and pat buchan an is paying close attention and we always whistle past the grave yards. they say don't worry about it one of the days it may not happen. thelma and lowis may go over the cliff. >> that was a horrible movie. you say that it is more real and possible than we think. >> i think so. let's take the hypothis that barack obama. tax cuts for the millionaires and billionaires will go up to a million dollars. i do
you might want to look at the bush tax cuts. they expire in the end of the year and at the same time hundred worth of spending cuts come n part of the sequestitration cuts that you heard about. i want to put that in perspective. they are slowing into growth spend all is said and done, you will have much more going to government than you do today than in dollar terms. all that hits the fan at the same time you have tax hikes and capitol gains and etscet raand all hitting the fan at the same...
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Oct 9, 2012
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tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is lower than the national average, which already is coming down -- >> in a place where the president's plan to save the auto industry actually protected many jobs. >> so in the face of all the evidence around them, and you can argue about economic statistics as much as you like, but people know their own economy and their own lives. he's trying to put against that by saying there are joshs in the ground we will dig up presumagely by pulling away from environmental regulations. he's talking really about fracking. that's his
tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is...
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Oct 9, 2012
10/12
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will it be about the changes in position on the 47% and on taxes and on other things? also, the brainwashing has occurred over a period of time. he didn't just fundamentally come out yesterday and chuck everything. he was evolving towards these new positions, which may continue to evolve. for obama to go after him on this, it's like nailing jell-o to the wall. it's not an easy task for obama, because not exactly sure where he's criticizincriticizing. i don't think it opens up a clear line of aattack and i don't think americans pay a lot of attention to foreign policy. >> dana millbank, thanks. see you soon. what this means for the other names on the ballot. it's in the spin as "the cycle" runs on for today, tuesday, october 9th. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help save you up to th
will it be about the changes in position on the 47% and on taxes and on other things? also, the brainwashing has occurred over a period of time. he didn't just fundamentally come out yesterday and chuck everything. he was evolving towards these new positions, which may continue to evolve. for obama to go after him on this, it's like nailing jell-o to the wall. it's not an easy task for obama, because not exactly sure where he's criticizincriticizing. i don't think it opens up a clear line of...
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Oct 13, 2012
10/12
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FOXNEWSW
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tax cut unless you give the tax cut for the super wealthy. look, folk, use your common sense. who do you trust on this? >> sean: all right, joining me with analysis, charles krauthammer. you know, he also said holding hostage, they are down on america, they bet against america. you know, i would imagine if a republican said that they would be accused of questioning one's patriot. ism. >> there are two issues here, the media bias which is as constant as the sun rising in the east. have you to go with it because there is no other way. when you don't have a record, have you to do this kind of stuff. but you notice that biden can't get his story straight. he's talking about tax cuts for the super wealthy. that's not the position of his administration. what he is talking about tax cuts for anybody making over $200,000 a year that, could be super wealthy in his book, but have you a nurse and a firefighter, with a couple of kids and they could be at that threshold, calling them the super wealthy. i think it doesn't work that well. it seemed as if bi
tax cut unless you give the tax cut for the super wealthy. look, folk, use your common sense. who do you trust on this? >> sean: all right, joining me with analysis, charles krauthammer. you know, he also said holding hostage, they are down on america, they bet against america. you know, i would imagine if a republican said that they would be accused of questioning one's patriot. ism. >> there are two issues here, the media bias which is as constant as the sun rising in the east....
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Oct 13, 2012
10/12
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KQEH
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jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose abortion, with the exceptions for rape, incest, and life of the mother. >> life begins at conception. that's the church's judgment. i accept it in my personal life. i just refuse to impose that on others, unlike my friend here, the congressman. i do not believe that we have a right to tell other people that women, they... they can't control their body. it's a decision between them and their doctor, in my view. and the supreme court-- i'm not going to interfere with that. >> woodruff: biden warned a conservative supreme court majority would overturn a woman's right t
jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose...
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Oct 14, 2012
10/12
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FBC
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tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fourth
tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of...
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Oct 14, 2012
10/12
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. >> it is one of those tax measures on the ballot. i think it is important because it is proposed by tom star, a billionaire hedge fund management man, and someone very involved in green energy issues. this is what a lot of people say is an effort to fix loopholes for out-of-state company, requiring them to calculate their california sale's tax based on the percentage of sales they have in california. so, like this amazon that sells lots of stuff in california but is based out of california would have to pay a higher tax. that money would go to clean energy projects. >> there are two other propositions. i don't have time to get into the details too much except they repeal things. prop 34 will end the death penalty and replace it with life with no parole. >> cost. >> the cost, right. >> is that a valid representation. >> tax payers will actually get the -- it has happened. >> and proposition 36 repeals three strikes so people don't end up with some punishment for -- . >> it is just repealing it. you have to committed a invite lent crim
. >> it is one of those tax measures on the ballot. i think it is important because it is proposed by tom star, a billionaire hedge fund management man, and someone very involved in green energy issues. this is what a lot of people say is an effort to fix loopholes for out-of-state company, requiring them to calculate their california sale's tax based on the percentage of sales they have in california. so, like this amazon that sells lots of stuff in california but is based out of...
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Oct 11, 2012
10/12
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WJLA
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$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. let me tell you how i will create 12 million jobs when president obama couldn't. first my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china and improving job training takes us to over 12 million new jobs. i'm mitt romney,y, and d i approve is message.
$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. let me tell you how i will create 12 million jobs when president obama couldn't. first my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower rates for the middle class and for small business...
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Oct 11, 2012
10/12
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focus on the demand side and more focused on tax fairness. a real decision for obama to make if he's re-elected. >> right. one of the big mistakes that the obama administration says, they didn't have enough of the private sector organization. the one way i would propose to deal with that is put in someone like larry fink. people will scream, oh, my god, wall street. someone who's actually been in the trenches hiring and firing. you need somebody who's done that. >> speaking of the trenches, when you redo this game can you make it a foreign policy so we can do risk and attack on the country. >> thank you very much. up next, if you've ever wanted to see steve kornacki in high school, just wait. [ chuckles ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ male announcer ] now you'll know when to stop. [ honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innovative altima ever. nissan. innovation that excites. ♪ innovation that excites. and every day since, two years ago, the people of bp made a commitment to t
focus on the demand side and more focused on tax fairness. a real decision for obama to make if he's re-elected. >> right. one of the big mistakes that the obama administration says, they didn't have enough of the private sector organization. the one way i would propose to deal with that is put in someone like larry fink. people will scream, oh, my god, wall street. someone who's actually been in the trenches hiring and firing. you need somebody who's done that. >> speaking of the...
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Oct 13, 2012
10/12
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FBC
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the tax on the economy. six years of taxpayer dollars and 40 been spent by the government that is the worry. gerri: in your honor we maybe you a full screen of gen -- ben bernanke addis mr. bubble. has the federal reserve chairman live with the bond bubble? is the at fault? >> i believe greenspan grnspan, bernanke part of hoing, now he tries to correct the bond bubble which is the biggest. creating trillions of dollars to buy the blige interfering with the ggest market in e long term. and the day when the market decides we will not listen. gerri: gerry? gerry? [laughter] gerry? i just want to ask you the question you brought up the bond bubble. pc and individual investors buying the blinder directly. what would you say? >> parents had a great article between 50 and 70% that is the definition of a bubble to get yield you just have to realize what you get into. i am buying 23 year bonded duration if we do get a bad market this 78 or 9% will turn to dust quick. gerri: it is dangerous. >> and it is caused by the
the tax on the economy. six years of taxpayer dollars and 40 been spent by the government that is the worry. gerri: in your honor we maybe you a full screen of gen -- ben bernanke addis mr. bubble. has the federal reserve chairman live with the bond bubble? is the at fault? >> i believe greenspan grnspan, bernanke part of hoing, now he tries to correct the bond bubble which is the biggest. creating trillions of dollars to buy the blige interfering with the ggest market in e long term. and...